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BP and partners to invest US$7 billion in carbon capture project in Indonesia’s Papua
BP AND partners said they would invest US$7 billion in a carbon capture project and gas field development in Indonesia’s easternmost Papua…
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CapitaLand Ascott Trust sells Japan rental housing asset to Goldman Sachs for 12.7 billion yen: report
CAPITALAND Ascott Trust (Clas) has sold a rental housing asset in Japan to Goldman Sachs for 12.7 billion yen (S$110 million). Real estate…
Business
Tokyo inflation likely exceeded BOJ's 2% target again in November - Reuters poll
TOKYO (Reuters) - Consumer inflation in Tokyo for November likely surpassed the Bank of Japan's 2% price target following a reduction in…
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Safe-haven gold on track for weekly gain
GOLD prices were steady on Friday (Nov 22) but still poised for a weekly gain, driven by safe-haven demand due to escalating geopolitical…
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Carey Dale Grayson final words before Alabama execution
Alabama carried out the nation's third execution using nitrogen gas Thursday evening. The state executed Carey Dale Grayson, 50, at 6 p.m.…
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Clip shows Burmese resistance fighters praying at replica pagoda, not 'arriving at Golden Rock shrine'
As conflict between the military and various armed groups continues to roil Buddhist-majority Myanmar, a clip of pro-democracy fighters…
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Uber said in talks to invest in US IPO of China’s Pony AI
UBER Technologies plans to invest in Pony AI’s US initial public offering (IPO), which is expected to be priced next week after being…
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Coinbase eyes more acquisitions as it expands payments business
COINBASE Global is ramping up its efforts in the digital-payments space, with ambitions to make additional acquisitions and generate more…
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Charles Schwab eyes spot crypto trading once regulations change
CHARLES Schwab’s incoming chief executive officer, Rick Wurster, said the firm is looking to offer spot cryptocurrency trading once US…
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SMIC’s Nvidia-beating 120% stock rally faces chip war threats
SEMICONDUCTOR Manufacturing International Corporation’s (SMIC) stock has more than doubled over the past two months on an expected boost…
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Goldman, Morgan Stanley, Bank of America ask buyers of bank risk to disclose leverage
US BANKS including Goldman Sachs, Morgan Stanley and Bank of America (BOA) are asking investors to disclose whether they plan to use…
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Former Brazilian president Bolsonaro indicated over alleged coup attempt
Former Brazilian President Jair Bolsonaro was indicted over his alleged coup attempt, authorities said Thursday. Bolsonaro, who was in…
Business
Vancouver airport works to move damaged Amazon Air cargo jet
Amazon has dozens of Boeing 767 freighters (pictured) in its private airline that are operated by third-party carriers. One of them…
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Japan finds massive rare metals deposit worth $26,290,800,000
[Source] A survey by the University of Tokyo and The Nippon Foundation from April 24 to June 9 has uncovered a vast deposit of rare earth…
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Gunfire breaks out at the home of South Sudan's former spy chief who is under house arrest
JUBA, South Sudan (AP) — Heavy gunfire erupted late Thursday in South Sudan ’s capital of Juba at the home of the country's former spy…
Business
80-year-old grandma sends engagement card, not realizing what it says
A woman spotted something altogether unexpected on the front of the card her 80-year-old grandmother got her to celebrate her recent…
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Kenya's president cancels major deals with Adani Group
Kenya's President William Ruto has cancelled two major deals involving Indian billionaire Gautam Adani, after the tycoon was indicted for…
Business
Sinochem may retain three bankrupt refineries in China due to low auction interest
Sinochem Group is considering retaining three bankrupt oil refineries in eastern China after auctions to sell them attracted little…
Business
US: Wall St opens higher after jobless claims data, Nvidia results
Wall Street’s main stock indexes opened higher on Thursday (Nov 21) after data reflected a robust labour market, and AI-heavyweight Nvidia…
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Ford to cut 4,000 European jobs amid economic and EV challenges
Ford Motor Co. will reduce its European workforce by 4,000 employees by the end of 2027, citing economic pressures, weaker-than-expected…
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Police in Finland arrest five suspects over separatist violence in southeast Nigeria
HELSINKI, Finland (AP) — Police in Finland said Thursday they had detained five suspects in connection with deadly violence in…
Business
ThaiBev’s FY2024 net profit dips 1% to 27.2 billion baht
THAI Beverage (ThaiBev) posted a net profit of 27.2 billion baht (S$1.1 billion) for its full year ended Sep 30, a marginal 1 per cent…
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Key witness is Germany's 'cum-ex' tax fraud scandal goes on trial
The accused lawyer Kai-Uwe Steck (L) sits next to his lawyer Gerhard Strate in the courtroom. A criminal trial against one of the key…
Business
Temu-owner PDD reports 44% rise in Q3 revenue; misses market estimates
CHINA’S PDD Holdings reported a 44 per cent rise in third-quarter revenue on Thursday (Nov 21), but still fell short of market estimates.…